What are the responsibilities and job description for the Asset & Wealth Management, Hybrid Capital Investing, Associate - New York position at The Goldman Sachs Group?
ABOUT GOLDMAN SACHS ALTERNATIVES
Goldman Sachs (NYSE: GS) is one of the leading investors in alternatives globally, with over $450 billion in assets and more than 30 years of experience. The business invests in the full spectrum of alternatives including private equity, growth equity, private credit, real estate, infrastructure, hedge funds and sustainability. Clients access these solutions through direct strategies, customized partnerships, and open-architecture programs. The business is driven by a focus on partnership and shared success with its clients, seeking to deliver long-term investment performance drawing on its global network and deep expertise across industries and markets. The alternative investments platform is part of Goldman Sachs Asset Management, which delivers investment and advisory services across public and private markets for the world's leading institutions, financial advisors, and individuals. Goldman Sachs has over $2.8 trillion in assets under supervision globally as of December 31, 2025.
HYBRID CAPITAL OVERVIEW
Hybrid Capital provides flexible solutions for businesses seeking non-control alternatives to traditional private equity or greater flexibility than traditional debt. We have investments out of West Street Strategic Solutions Fund I, a $14bn fund raised in 2020, and are inmarket raising, and actively investing out of, Fund II. Analysts and Associates work as part of small deal teams in a wide range of highprofile transactions across the capital structure ranging from secured debt to minority common equity. The role is highly analytical with emphasis on fundamental valuation, financial modelling, analysis of financial accounts, and legal documentation. The work is dealfocused, dynamic, and will bring you in contact with a wide range of businesses, industries, geographies, investment structures and products as well as advisors and management teams.
RESPONSIBILITIES
- Engaging in all aspects of due diligence and business analysis including but not limited to financial modelling and analysis, fundamental valuation analysis, market research, and competitive analysis to develop and refine investment theses
- Participating in structuring, negotiating, and documenting investments
- Communicating and defending investment theses to internal stakeholders and committees, including relevant Asset Management and Firmwide Investment Committees
- Actively monitoring existing investments in the portfolio
- Originating investment ideas via early engagement with relevant parties (e.g., financial sponsors, company management teams, founders)
- Building relationships with sponsors, management teams, and internal Goldman Sachs stakeholders
SKILLS & EXPERIENCE REQUIRED
- Investment Banking or Principal Investing candidate with 2 - 4 years of experience
- Strong academic record with a bachelor's degree, master's degree, or equivalent in Finance, Economics, Business Studies, Industrial Engineering, or a related discipline from a distinguished academic institution
- Prior work experience in private equity or private credit is a plus
- Strong quantitative, financial modeling, analytical, and problemsolving skills
- Passion for investing with an interest in complex credit and equity investments
- Flexible and creative mindset; ability to analyze a variety of industries and businesses
- Confident verbal and written communication and interpersonal skills
- Solid work ethic and high levels of motivation
- Excellent MS Excel skills essential and knowledge of MS PowerPoint
- Ability to selfdirect, analyze and evaluate, and form independent judgments
- Excellent organizational skills and attention to detail
Salary Range
The expected base salary for this New York, NY, United States-based position is $150000-$225000. In addition, you may be eligible for a discretionary bonus if you are an active employee as of fiscal year-end.
Benefits
Goldman Sachs is committed to providing our people with valuable and competitive benefits and wellness offerings, as it is a core part of providing a strong overall employee experience. A summary of these offerings, which are generally available
to active, non-temporary, full-time and part-time US employees who work at least 20 hours per week, can be found here.
The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.
Salary : $150,000 - $225,000